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$1.0989548976

-$0.4882269218 (-30.76%)

Past year

  • Volume (24H)

    --


  • Circulating Supply

    140.2M


  • Market Cap

    $150.9M


About OMG Network (OMG)

OmiseGo is a peer-to-peer network for financial transactions across multiple asset classes.

OMG Network  was described in a white paper published in June, 2017. OMG Network  aims to create interoperability between different asset classes such as fiat and cryptocurrency. It is a layer 2 solution built on Ethereum with several key components. The first is theOMG Network eWallet, which holds multiple currencies. The second is Plasma, a scaling solution for the Ethereum. The third is the proposed OMG Network decentralized exchange (DEX) that will allow users to exchange different asset types. The proposed OMG DEX will have a proof-of-stake consensus mechanism.

Launch date: To be announced. The OmiseGo eWallet has been released and is currently in public alpha.

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OMG Network Cryptopedia articles

Gemini-Defi OMG What is OmiseGo and OMG

What Is OMG Foundation and How Does It Work?

Cryptopedia Staff6 min read

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OMG Network links and resources

The whitepaper

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OMG Network website

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Learn more about OMG Network on cryptopedia

Ether Cryptopedia